14VExclusion of subdivision allowances in certain circumstances

#### 14V Exclusion of subdivision allowances in certain circumstances 14V Exclusion of subdivision allowances in certain circumstances > > (1) For the purposes of the [Land Tax Management Act 1956](/view/html/inforce/current/act-1956-026), the land value of a parcel of land is taken not to include an allowance for subdivision in respect of any land tax year— > > > > > (a) if any building has been erected on the land, or any works have been carried out on the land, since the deposited plan was registered, or > > > > > (b) if, as at 31 December before the beginning of that year, more than 3 years have passed since the deposited plan was registered, or > > > > > (c) if, as at 31 December before the beginning of that year, the parcel of land was no longer owned by the subdivider, > > > > and land tax under that Act is to be assessed and levied accordingly. > > > (2) For the purposes of the [Local Government Act 1993](/view/html/inforce/current/act-1993-030), the land value of a parcel of land is taken not to include an allowance for subdivision in respect of any rating year— > > > > > (a) if any building has been erected on the land, or any works have been carried out on the land, since the deposited plan was registered, or > > > > > (b) if, as at 30 June before the beginning of that year, more than 3 years have passed since the deposited plan was registered, or > > > > > (c) if, as at 30 June before the beginning of that year, the parcel of land was no longer owned by the subdivider, > > > > and rates and charges under that Act are to be assessed and levied accordingly. > > **s 14V:** Ins 2000 No 106, Sch 1 \[14\]. Am 2006 No 38, Sch 1 \[7\] \[8\].